Answer: Description, Date, and Amount.
Answer:
I will say c I not shore 100%
This is a <u>false</u> statement.
<u>Explanation</u>:
The employees of Mauve Company are permitted to use the copying machine in the office for personal purpose occasionally. The copying machine is placed in the room where the higher officials work. So the use of the machine was limited. It is difficult for the low wage employees and employee working in warehouse to use the copying machine as the machine is placed in high official’s room. So the low wage employees never use the copying machine. The use of the copying machine may not be excluded from gross income as the benefit is unfair.
Answer:
$12,000
Explanation:
total preferred dividends per year = 1,200 x $50 x 5% = $3,000
since they were not paid during the past three years, and they are cumulative, the total preferred dividends = $3,000 x 4 = $12,000
common stock dividends = total dividends - accumulated preferred dividends = $25,000 - $12,000 = $13,000
cumulative preferred stocks that are not paid in the past, must be paid before any common dividends are paid
The legal avenue that an owner who wishes to dispose a piece of property as against the wishes of the other co-owners is: a partition suit.
<h3>What is a Partition Suit?</h3>
A partition suit can be described as a way of seeking remedy to dispute in real estate ownership, whereby the co-owners do not seem to agree on keeping or selling a piece of property.
For a partition suit to be won, the co-owner must be in the right standing to even initiate one.
Thus, the legal avenue that an owner who wishes to dispose a piece of property as against the wishes of the other co-owners is: a partition suit.
Learn more about partition suit on:
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